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Vice President Corporate Strategy
Company | Cornerstone Building Brands |
Address | Houston, TX, United States |
Employment type | FULL_TIME |
Salary | |
Category | Wholesale Building Materials |
Expires | 2023-06-22 |
Posted at | 1 year ago |
Company Overview
Cornerstone Building Brands, Inc. (“Cornerstone”), is a holding company that owns subsidiaries engaged in the external building products industries (collectively, with its subsidiaries, “we” or the “Company”). Cornerstone is headquartered in Cary, North Carolina, the Company is largest manufacturer of external building products in North America with over $6 billion in annual revenue and an expansive national footprint that includes almost [22,000] employees, operating in +90 manufacturing facilities, supported by a network of +80 distribution and branch office facilities. We have a broad product offering with a well-regarded brand portfolio including the #1 position in windows; vinyl siding; metal accessories; metal roofing and wall systems; and insulated metal panels. Our window brands include: Ply Gem®, Simonton®, Atrium®, American Craftsman®, Silver Line®, Cascade Windows®, Prime Windows®, Great Lakes Window®, and North Star®. Our siding brands include: Ply Gem®, Mastic®, Mitten®, and Variform®. Our commercial brands include, among others: Metallic Building Systems®, Ceco Building Systems®, Star Building Systems®, Heritage Building Systems®, Robertson Building Systems®, MBCI®, American Building Components®, Union Corrugating®, and Metal Depots®.
Positioned for Future Growth
On July 25, 2022, our owner, Clayton, Dubilier & Rice (“CD&R”), successfully completed the acquisition of Cornerstone. With CD&R’s operational and strategic support, we are better positioned to accelerate our future growth plans and advance our journey to be the premier exterior building solutions company and deliver enhanced value to our customers. The transaction is a testament to CD&R’s belief in our team and our team’s unwavering commitment to our customers and focus on executing our strategy. We believe the Company is uniquely positioned to expand on its position and building significant momentum.
With significant organic growth and strategic acquisitions, this is an exciting, energized time at Cornerstone.
Our Mission
We have developed and continue to implement a well-defined business strategy focused on (i) driving profitable growth in new and existing markets; (ii) leveraging operational excellence across our businesses; and (iii) implementing a capital allocation framework balanced between a focus on opportunistic investment in high return initiatives and continued debt repayment.
We believe that by focusing on operational excellence every day, creating a platform for future growth and investing in market-leading residential and commercial building brands, we will deliver unparalleled financial results. We design, engineer, manufacture, install and market external building products through our three operating segments: Windows, Siding, and Commercial.
Position Overview
The Strategy & Business Development team at Cornerstone Building Brands is looking to add a proven strategic leader - thinker, with strong business acumen and a passion for working cross-functionally in the business. This position will serve as a member of the Growth Office team which oversees Corporate Strategy, Strategic Planning, Market Intelligence, Growth Ventures, Corporate Development (M&A) and Integration for the entire Company. As the leader of Corporate Strategy for the organization, this individual will work directly with Business Unit and Functional Leaders (in conjunction with the rest of the Strategy & Business Development team) to identify key customer, competitive, and market trends, develop strategic plans and priorities, and to launch and oversee key strategic initiatives. This individual will report to the Executive Vice President, Chief Growth Officer, who reports to the CEO and is a member of the Executive Committee. The ideal candidate will lead a dynamic and collaborative team that includes the Senior Manager,Strategic Planning with three additional associates. They must have exceptional interpersonal skills, be able to lead one on one as well as in larger group settings, possess excellent PowerPoint skills, and be capable of handling multiple complex projects simultaneously while coordinating with internal and external resources. Works within a cross-functional matrixed environment which requires leading by influence to accomplish organization-wide goals.
Essential Functions
Corporate Strategy Objectives include:
- Operationalizing strategy
- How to optimize our portfolio to drive long term value creation and a top tier valution
- Strategy support for BU strategy and initiative development
- Develop understanding of our customers, markets, competitors, etc (Situational analysis)
- Capability building (COE or in the business)
- Portfolio Strategy & Optimization
- Drive clarity on how we create competitive advantage (Value Proposition)
- Long term value creation
- Strategy work and projects
- Answer what is the 3-5 year future state for each business and CBB together to capture maximum value creation (Strategy)
- Visibility to investments in Capital, talent, M&A with strong ROI
- Strategy support for functional strategy and initiative development
- Managing consulting engagements to maximize project outcomes
- Resource allocation
- Initiative prioritization & sequencing
- COEs of Market Intel (right data and portfolio views), NPD (innovation council), CFD council, and EIE management
- Initiative maturity
- Strategy work on specific CBB initiatives
Corporate Strategy :
- Operationalizing Strategy: to include Capability building (COE and BU specific), resource allocation, initiative prioritization, sequencing, and maturity.
- A key leader of important corporate strategy initiatives, working with cross functional teams from across the organization.
- Long Term Value Creation: Spearheading portfolio strategy & optimization efforts to create competitive advantage and capture maximum value creation.
- Work with Business and Functional leaders through the ongoing strategic planning process, with key annual dates including the Strategic Planning Conference and the Board Strategy Planning Conference as well as strategic topics presented at monthly Executive Committee meetings and quarterly Board of Director meetings.
- Corporate Development: As a part of the Strategy & Business Development team, will provide input into markets and products to target, specific businesses to prioritize, and support M&A diligence, valuation, and Board presentations.
- Strategy Work & Projects: Leading ad-hoc strategic projects with 3rd party consultants and Cornerstone associates.
- This work will include (but not limited to):
- Responsible for helping create and present the value creation plan for the entire organization as well as supporting the creation of the BU and Functional strategic plans.
- Board-Level Content Preparation: In conjunction with the activities above, responsible for working closely with senior management, coordinating, and developing Board presentations in support of key strategic outputs.
Qualifications
Ideal Experience
- Skilled in writing and presenting to executive management
- Strong organizational skills and ability to multi-task
- People leadership and talent development
- MBA strongly preferred, Bachelor’s degree required (preferably in the areas of Business or Operations concentration, i.e., Finance, Engineering, Economics, etc.)
- Scale exposure (what good looks like at scale) as well as how to work collaboratively in a flat/matrix org
- Minimum of 10 years of progressive and varied experience within corporate strategy, strategy consulting, and business operations, including 5+ years of leadership experience above the individual contributor role.
- Experience in industrials, manufacturing, and/or building products preferable
Critical Competencies for Success
- Executive level strategic analysis with strong financial modeling background.
- Outstanding critical thinking, analytical and quantitative abilities.
- Unquestioned integrity and ability to properly manage confidential processes and information.
- Visionary, can see the broader landscape and how we might need to invest/adapt to win
- Hard worker, not a workaholic, but high output of the right stuff
- Enterprise perspective, with the mindset of an owner of the portfolio of opportunity to be created
- Talent Developer (developing the next wave of leaders)
- Knows how to fly at the right level
- Ability to understand specific client business operations, strategies, objectives, and needs. Translating these into requirements and the basis for compelling solutions.
- Detail oriented
- Self prioritize, can master which tasks require focus
- Maintains in-depth knowledge of client business and competitive landscape.
- Proven ability to influence without direct authority.
- Idea generator, drives the discussion on what matters
- Energizer, uplifts discussions with passion and energy in the middle of complex assignments
- Collaborative work style / leadership presence with ability to effectively interact with & earn trust of peers and senior management across the organization.
- Multi-tasker, can manage multiple projects and deadlines simultaneously
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